645 Indiana Avenue, Marion, OH 43302

$165,000
Property Type: Multi-Family Lot Size (sq. ft.): 3,049 Status: Closed
Current Price: $165,000 List Date: 4/10/2026 Last Modified: 5/15/2026

Overview

Description

Calling all investors! Don't miss your chance to own this mix use historic building right in downtown Marion. This is building generates income from two upstairs apartments, and the main level currently used as an apartment but could also be used for a business! Truly the opportunities are endless. There have been some recent improvements that include a newer roof, newer windows, hot water tank, main water line and much more! The apartments have also had recent remodeling as well! The two one bedroom apartments bring in $900/month. The main level rents for $1200/month - totaling to $3,000/month with the possibility to earn even more!

Listing Details MLS# 226010744

Location Property Info

Original List Price
165000
Property Sub Type
Mixed Use
Street #
645
Street Name
Indiana
Street Suffix
Avenue
County
Marion
State
OH
Zip Code
43302
School District
MARION CSD 5102 MAR CO.
Township
Marion

OfficeContract Info

MLS Entry Date
2026-04-07

General Property Info

Number of Units
3
Year Built
1920
Built Prior to 1978
Yes
Lot Size (Side)
45
Acreage
0.07

Tax Info

Parcel #
12-4160007.000
Tax Year
2025
Tax Abatement
No
Taxes (Yrly)
882

Status Change Info

Under Contract Date
2026-04-10
Sold Date
2026-05-15

1 Bedroom

1 Bedroom # of Units
2

More Information

Other

Other # of Units
2

Auction Info

Auction/Online Bidding Y/N
No

Sale Info

Seller Assisted Fin
N
Seller/Buyer Concessions
Y
Concession Comments
Seller credit - $2500.00

Location & Property Info

City (Mailing Addr)
Marion
Corp LimitPerAuditor
Marion

Office/Contract Info

Active on MLS
2026-04-10
For Sale
Yes
Exchange
No

Remarks & Misc

Property Description
Calling all investors! Don't miss your chance to own this mix use historic building right in downtown Marion. This is building generates income from two upstairs apartments, and the main level currently used as an apartment but could also be used for a business! Truly the opportunities are endless. There have been some recent improvements that include a newer roof, newer windows, hot water tank, main water line and much more! The apartments have also had recent remodeling as well! The two one bedroom apartments bring in $900/month. The main level rents for $1200/month - totaling to $3,000/month with the possibility to earn even more!

Income/Expenses

Gross Income
2625
Net Operating Income
0
Total Expenses
0

Addl Acceptance Cond

None Known
Yes

Construction

Brick
Yes

Heat Fuel

Gas
Yes

Sewer

Public Sewer
Yes

Miscellaneous

Basement
Yes

Alternate Uses

Commercial
Yes
Office
Yes
Residential
Yes

Heating

Forced Air
Yes

Air Conditioning

Central Air
Yes

Owner Pays

Gas
Yes
Sewer
Yes
Water
Yes

MLS Primary PhotoSrc

Realtor Provided
Yes

Property Features

Addl Acceptance Cond: None Known Owner Pays: Gas; Sewer; Water Heat Fuel: Gas Heating: Forced Air Air Conditioning: Central Air Construction: Brick Sewer: Public Sewer Miscellaneous: Basement Alternate Uses: Commercial; Office; Residential MLS Primary PhotoSrc: Realtor Provided
Listing Office: Coldwell Banker Realty
Listing Agent: Wil A Marshall
Last Updated: May - 15 - 2026
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